Sports and Entertainment Means Business

Sports and Entertainment Means Business

10th - 12th Grade

37 Qs

quiz-placeholder

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CHAPTER 3 TEST: SPORTS & ENTERTAINMENT MARKETING

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untitled

Sports and Entertainment Means Business

Sports and Entertainment Means Business

Assessment

Quiz

Business, Life Skills

10th - 12th Grade

Medium

Created by

Julie Keane

Used 6+ times

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37 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

An economic impact is the effect produced by decisions made by consumers and businesses.

true
false

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

When a business does not make enough revenue to cover expenses, it operates at a profit.

true
false

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The study of how goods and services are produced, distributed, and consumed is called marketing.

true
false

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Building a company without outside assistance is often referred to as crowdsourcing.

true
false

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Venture capital is financing provided to start a company in return for owning part of the company.

true
false

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Risk cannot be controlled and must always be covered by purchasing insurance.

true
false

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Because people have limited time and money to spend on entertainment, they must make decisions about how to spend their limited resources.

true
false

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